Trevor Hatchard
Corona Related Distribution (401K Distrubtion)
Hey y'all,
Looking for any help and advice with this process, I want to use my 401K Schwabb from my previous employer and reinvest it into a multifamily property in southern california. I understand this takes creati...
Scott Henrikson
Looking for suggestions to minimize taxes on flips (no 1031)?
I’m a real estate agent that flips houses as well. I was looking for ideas to minimize my tax impact without using a 1031. Thoughts?
Ryan Thomson
The Proposed Bill with a Massive Tax Hike on STRs
You've probably heard of the new bill threatening to raise taxes on Short Term Rentals (STRs).
It does not apply to primary residences.
But it's still worth knowing about as a house hacker.
The bill from the Colora...
Robert Chaiton
Self-Directed Solo 401(K) Real Estate Investing
Hi BiggerPockets,I have read the book advanced tax strategies and want to take advantage of the Self directed Solo 401(K) I have a few question and was hoping the community could help me out.Currently I have a W2 job,...
Melissa Dorman
Property taxes renter vs owner. Where do they go?
Hey all, I've been contemplating the impact that gentrification and real estate investing have in under served communities. I'm curious if anyone knows.... I heard that counties/states property taxes go to benefit sch...
Greg Schuricht
Applicant with big judgement against them
I've got an applicant that is well qualified (good credit, good income, some significant debt). I just received results from a judgement search and uncovered a HUGE (100K+) sales tax lien. Applicant gave very brief ...
Jordan Lagrassa
Spouse as a real estate agent.
Iv heard from some where before that as a real estate agent you have to disclose this when buying a property? Why is this, what kind of trouble can you get in with this, lastly do I have to disclose that my wife is an...
Steve S.
Any luck replacing an a/c coil?
Tenant called saying no cold air. A/c is about beyond its life. On my home I've always replaced the whole unit. This time I opted to replace the coil only. A/c is working great now. Question is how long will the other...
Steven Scheibe
Tax treatment for demolition of building for investment purposes
Hi,I am looking for some tax guidance on my first ground up construction. In this scenario, say I acquired the property for $1M and the city tax assessor has it documented that my land is worth 900k and the building i...
Michael Hunt
Impact of purchasing investment property before first home
Hello,My partner and I want to get started on rental properties (~$200k, out of state, multi-family), but are also looking to buy our home in the next year or so ($800k+) in SoCal.What kind of impact will having a ren...